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20121004
20121004
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romney comes out swinging in his first debate with president obama with the two men sparring over how to fix the u.s. economy. waiting on spain, the ecb expected to hold steady on rates. country's president tells cnbc that europe's policymakers must remain focused. >> if we get bogged down into what was meant by the june agreements and waste time on this kind of discussions, then it's much less likely that a coherent system will emerge. >> madrid continues to put faith in the hands of private investors while finance minister heads to london to raise funds for the country's bad bank. and india's crucial services sector grows at its fastest rate in seven months, while the government gets set to take another swing at boosting it through foreign investments. thanks very much for joining me. anyone that's missing ross, he'll be back in tomorrow. but for now, you're all mine. . plenty to come on the next couple hours of the show. lots of guests to help us figure out what's going on. we'll get a view from sydney about cautious shoppers. borrowing costs are expected to fall. we'll bring you t
or it was the real barack obama at the debate, larry. >> all right. many thanks, we appreciate it. >>> so mitt romney outhustled, outfacted, outenergized and outinformed president obama. msnbc's chris matthews, an old pal of mine, completely went off the rails. take a listen to this. >> where was obama tonight? romney, i love the split screen. staring at obama. addressing him like the prey. he did it just right. i'm coming at an incumbent. i got to beat him. you got to beat the champ and i'm going to beat him tonight. what was romney doing? he was winning. >> he sure was, chris. he was winning big time. so now that romney is on a roll, where does he run after last night's sweeping win? let's talk. here now is democratic strategist steve mcmahon. and then cnbc contributor geoff jennifer rubin, author of the "washington post" right turn blog. jennifer was it a game changer for the whole presidential race? >> it potentially can be. what has to happen now romney has to build on that day after day. the difficulty they've had, this was true in the primary as well, they have a few good days and then they ge
in this debate tonight is to confirm some negative stereotype going into the debate whether it's president obama being arrogant or condescending or mitt romney caring only about a certain group of americans. >> classic moments. no doubt we're going to see moments like that tonight and throughout this campaign leading up to the election. larry kudlow back with us. we want to get your take on this. can something like that change the course of the election? >> oh, yeah. for one of these too. the other thing was a vice presidential debate. most people vote for president, not vice president. so something like that happened -- i don't really reckon that romney's going to stroll over to president obama. at least i hope not. one thing i will say, by the way, is if you go back to all those republican debates, we did the after-debate for one of them. romney's pretty good. he did very well in most of them. and two in particular. he took newt gingrich out in florida. at a moment when gingrich was really a big contender. romney took him out. >> even though the president, one of the best thing he does is spea
the debate, we saw that dropping in terms of chances for obama to be re-elected. i'm wondering, do you buy into the notion that perhaps stock futures are up this morning because it is perceived that romney did well in this debate? >> stock futures were up 7 1/2, at the top of the debate when it looked like he was really winning. at 4:00 a.m., they went back to 3 1/2. then spain did a fairly reasonable auction. >> auction, yeah. >> ecb. this debate had people transfixed for at least 27 to 35 minutes. in the stock market. then we were to, as always, which will spain survive? >> as we said, tomorrow the data continues. we'll get a jobs number. earnings on tuesday with alcoa. the media loves a comeback. that's what they'll spit out today. things could be very different in 24 hours. >> and you did a great job, i'd have to tell you, that the horse race element of it has always intrigued me as someone in media, but if i were a betting person and there was a stock obama is supposed to in trade, then i would say, look. i'm not buying puts. >> you'd be neutral. you'd have a neutral rating? a market
. president obama, meanwhile, coining a new term during last night's debate. >> are we going to double down on the top-down economic policies that help to get us into this miess, or did we embrace a new economic patriotism that says america does best when the middle class does best? >> so what exactly is economic patriotism? somebody here says if you make six figures, hide your wallet. later on, his firm managers more money than the federal reserve. could blackrock ceo larry fink become the next treasury secretary if president obama wins re-election? find out exclusively when i talk with him on "closing bell." stay with us. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choo
-- they thought newt was such a great debater, they wanted to see someone like newt talk to president obama about his policies and about the last four years. and they thought newt would have been the guy to do it. and i don't think that the republicans now feel like they lost a step by having romney there. and in watching, i've tried to sometimes espouse free market principles, private sector language about how to approach certain things. and i got to tell you, there were a couple times last night where my eyes just got wider as i listened and, i don't know, sometimes your stances can make you -- if you're right about policy, it just -- maybe it's easier to win a debate. >> well, joe, a couple points. first of all, i think you're dead on about the gingrich point because i think mitt romney was newt gingrich's superior in the debate for the reason that i mentioned before. if you go after an incumbent president, you have to do it in the right way and new gingrich and proven over and over that he overtorts his rhetoric and goes too far and ultimately makes himself look bad. the other thing that romn
mitt romney's victory over president obama, let me tell you how i watched. i watched the debate within the area of my world. i watched it towards making you some money. tweeting every potential stock idea triggered by either gentleman. ♪ how can you try to make money from the debate? let me parse it for you. show you how it's done. going over the actual statements by each candidate translating them into cramerican. let me tell you, there were tons of cramericans on twitter. if you tweeted me about the debate, keep an idea on the ticker below. you may see your tweet. romney went right into a call from north american energy self-sufficiently, coal as an endangered species under obama. listen. >> i like coal. i want to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. >> lots of bozos went in and bought the coal stocks. all the coal stocks on. this wrong take away, people! coal's hostage to chinese demand more than u.s. use. that's not the case for the users of coal. the users, people. and that's why i said romney'
," weeknights on cnbc. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your port o portfolios are protected. time to play "am i diversified?." this is where you call me, you tell me your top five holdings and i tell you whether you need to diversify. we've gotten inundated with tweets. we have to go to them. this is from dimas720. i think i know a dmas who writes am i diversified, altria, trokter and gamble can, conoco phillips, big california boo-yah. mike dimas is from summit new jersey. procter & gamble, uh-oh, pepsi, consumer products company. altria, there's a match game thing going on there. conoco phillips, new york community, high yielding financial. keep altria. between pepsi and procter, keep pepsi. proctor is a work in progress although mr. mcdonald is doing much better. we're going to put in yes, a health care company. at this point i'm going a little aggressive. go celgene. let's go to ed in new york, please. ed? >> caller: hey. >>
money to work today based on extrapolations from what you heard or your sense of who won the debate, you think that's a fool's game? >> i do. >> let's talk about where you see -- stick with politics. beginning of the year you said you expected president obama to be re-elected. do you still believe that? >> yes. yes. i really do. i think that he was maybe two scores up as i heard on "squawk box" this morning. maybe now it is only one. i still think in terms of looking at these battleground states and where he appears to have a competitive advantage, he's still ahead. >> you were extremely accurate in your overall call, at least as of this date, of how the market was going to perform. you said about 15% in 2012. that's about where we are. is now a good time to invest? and then what's going to happen in 2013. >> i would be much more cautious now. we divided our analysis of the market into two parts. there's the things people normally talk about, growth rates and earnings and the economy, but also the discount rate. the interest rate plus this other fear or uncertainty factor. the fed's acti
Search Results 0 to 8 of about 9